What is a Storage Method?
Storage methods refer to various ways of storing beneficiaries' shares. There are two Storage Method options available: storage on a hardware device with the SafeKey Pro, and storage on your mobile device with the SafeKey Mobile application.
More information about the SafeKey Mobile app: SafeKey Mobile.
More information about the SafeKey Pro device: SafeKey Pro.
SafeKey Pro device or SafeKey Mobile app?
Both Storage Methods have different characteristics and offer different benefits.
The SafeKey Pro is a specialized hardware device that provides robust offline storage for your shares. Cold storage ensures that your shares are physically isolated from the internet, protecting them from cyber attacks and unauthorized online access.
The SafeKey Mobile app enables you to securely store your protection plan shares on a mobile device. Mobile storage allows you to carry your encrypted shares with you and claim or release them easily from your mobile device.
What are the technical requirements to use the SafeKey Mobile app?
More information about technical requirements to use the SafeKey Mobile app: SafeKey Mobile.
What are the technical requirements to use the SafeKey Pro device?
More information about technical requirements to use the SafeKey Pro device: SafeKey Pro.
Can I adjust the Storage Method afterwards?
No. The storage methods are determined for each shareholder during the creation of the plan and cannot be changed afterwards.